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Ind. Code § 5-28-4-6

Quorum; proxy vote prohibited

As added by P.L.4-2005, SEC.34

Sec. 6. (a) The following constitutes a quorum for the transaction of business by the board of the corporation:

(1) Seven (7) members, if:

(A) no additional members are appointed under section 2(c) of this chapter; or

(B) one (1) additional member is appointed under section 2(c) of this chapter.

(2) Eight (8) members, if either two (2) or three (3) additional members are appointed under section 2(c) of this chapter.

(b) The following number of affirmative votes is necessary for action to be taken by the board:

(1) The affirmative vote of at least seven (7) members, if:

(A) no additional members are appointed under section 2(c) of this chapter; or

(B) one (1) additional member is appointed under section 2(c) of this chapter.

(2) The affirmative vote of at least eight (8) members, if either two (2) or three (3) additional members are appointed under section 2(c) of this chapter.

(c) Members of the board may not vote by proxy.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.